, and then selecting the date on the calendar that appears.Use Journal Posting to post (or commit) journal entries that originate in General Ledger. All General Ledger journal entries available for posting are displayed in the Journal Entries area of the screen when it is first opened. You may select the journal entries to be displayed individually or all at once to be immediately posted to the ledger.
Only those journal entries with a status of Pending and a Difference of $0.00 for the selected period are displayed. These journal entries have been created by using either Journal Entry or Generate Allocation Journals.
Select Financials |General Ledger | Journal Posting.
Select the Period to which you want the entries to be posted. The default in Period is the Current Period for the General Ledger module in Period Closing.
Specify the date of the journal posting in Posting Date. You can also select a date by clicking Calendar , and then selecting the date on the calendar that appears.
Select Close Fiscal Year After Posting to have the fiscal year close immediately following the posting.
Click Update List to update the journal entries in the grid.
In the grid, select journal entries to post. You can click Select All to select all journal entries. Click Clear All to clear all selections.
Module displays GL for General Ledger journal entry.
Type displays JR for a Journal Entry and RC for a Recurring Journal Entry.
Number displays the unique identifier entered when the journal entry was saved the first time. If you click the value in Number, Journal Entry appears, displaying the same journal entry.
The period to which the journal is to be posted displays in Period.
The date of the posting displays in Date.
The description of the transaction displays in Description.
If Reversing is selected, the journal entry is a reversing entry.
Note: A reversing journal entry is always posted to the calendar period following the period assigned to the original journal entry. The journal date assigned to a reversing journal entry is the first date found in the period assigned to the reversing journal entry.
If Recurring is selected, the journal entry is a recurring entry.
Total contains the total amount of the journal entry.
The session reference information displays in Session Reference.
The journal reference information displays in Journal Reference.
Click Save and New, or click Save and then click New, to save the current journal posting and start adding the next.
A: The Close Fiscal Year After Posting option is available for selection only when the selected period is in a closed year. If the Close Fiscal Year After Posting option is not available for selection, it is ignored during the journal entry posting process.
A: Changing the selected period does not automatically update the list of Journal Entries. When you change the period, you must also click Update List to update the list of journal entries.